Answer:
The Jerry's partnership basis in the bookstore at the end of the year is $23,350.
Explanation:
Workings
Contributed Capital = $ 8,000
Add: Adjusted basis of cash register = $ 350
Add: Share of Profit ($60000 X 25%) = $ 15,000
Partnership basis at the end of the year = $ 23,350
Explanation:
Its part of the command economy
Cost on January 1 2016 = $1,250,000
Life = 10 years
Therefore,
Double-declining depreciation rate = 2*(1,250,000/10)/1,250,000 = 2*0.1 = 2*10% = 20%
Book value at end of 2016 = 1,250,000 - (1,250,000*20/100) = $1,000,000
Book value at end of 2017 = 1,000,000 - (1,000,000*20/100) = $800,000
Book value at end of 2018 = 800,000 - (800,000*20/100) = $640,000
Changing to straight line depreciation:
Life remaining = 7 years
Book value = $640,000
Depreciation expense per year = 640,000/7 = $91,428.57
Therefore, depreciation expense for 2019 = $91,428.57
1) cutllefish (Sepia officinalis)
2) Solea solea
3) Metasepia pfefferi
4) Platichthys flesus
Many fish change colors, including several species of gobies and groupers. Color changes may be initiated by changes in mood, temperature, and stress in addition to visible changes in the local environment.
Flounder e.g. Hippoglossina oblonga
Syngnathidae (including seahorses)
i don't know the exact answer :(
Answer:
Intrinsic value=$73.77
Explanation:
<em>The Dividend Valuation Model(DVM) is a technique used to value the worth of an asset.</em>
<em> According to this model, the value of an asset is the sum of the present values of the future cash flows would that arise from the asset discounted at the required rate of return.</em>
Price = D/Kp
D- Dividend payable
Kp- cost of preferred stock
So will need to work out the cost of equity using CAPM
<em>The capital asset pricing model (CAPM)</em>: relates the price of a share to the market risk or systematic risk. The systematic risk is that which affects all the all the economic agents, e.g inflation, interest rate e.t.c
This model is considered superior to DVM. Hence, we will use the CAPM
Using the CAPM , the expected return on a asset is given as follows:
E(r)= Rf +β(Rm-Rf)
E(r) =? , Rf- 2.4%, Rm- 12.1% β- 1.01
E(r) = 2.4% + 1.23×(12.1- 2.4)% = 12.20
%
Cost of preferred stock= 12.20 %
Using the dividend valuation model
Intrinsic value = 9/0.1220=73.77
Intrinsic value=$73.77
